The Brazilian government has developed a blockchain network to enhance data sharing across the Federal Revenue Service and civil identification agencies as it implements a national identity card.
With this network, the revenue service will be able to search, issue, and change new ID cards and tax registration numbers as part of its shared registry, called B-Cadastros. Brazilian data processing corporation Serpro, a state-owned company, developed the platform.
In July 2022, Brazil began issuing the National Civil Identity Card (ICN), an upgraded version of the existing paper ID card. The main goal of the project is to centralize the country's civil identification system and use the ICN database for online user authentication.
With the new plastic card, users can generate a single digital version of the document, which is believed to be safer since a QR code can be used for validation. As a result of the blockchain-enabled ID, the Brazilian government expects to centralize processes and reduce fraud and illegal activities since Brazilians can currently obtain an identification card in all 27 states.
"Blockchain technology protects personal data and prevents fraud, ensuring a more secure digital experience for Brazilians", said Serpro's Amorim.
The Brazilian states of Rio de Janeiro, Goiás, and Paraná will become the first to introduce a blockchain-based version of the National Revenue Service's shared registry this week.
Conclusion
Brazil's innovation moves towards developing a blockchain-based identity management solution. It represents a significant leap forward in the realm of digital identity verification. This robust and secure technology has the potential to streamline administrative processes, enhance data security, and empower individuals with greater control over their personal information. Nowadays most of the industries have started to adopt their security system through blockchain identity management solutions. It is the perfect time to transform your business via blockchain identity management systems. So hurry up and take your business to the next level.